{ "ticker": { "uuid": "64076905-427a-49f6-a731-6501281e2f41", "symbol": "295020", "name": "KB Asset Management -KB KBTAR KTB 10Y Futures Inverse ETF", "exchange": "KSC", "country": "KR", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^KS11", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 83.115, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 61.274, "architecture_energy": 50.65, "architecture_maturity": 48.903, "architecture_confidence": 71.898, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 13.07, "rotation_up": 57.2, "upward_expansion": 80.61, "deceleration": 60.29, "rotation_down": 21.83, "downward_expansion": 7.27 }, "activity_lines": [ 60397.333333, 60266.454545, 59922.904762, 59465.817204 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 59975.0, "trend_reference": 58855.5, "distance_from_trend": 0.019021, "trend_direction": "Improving", "fair_value": 55057.464018, "distance_from_fair_value": 0.089316, "fair_value_direction": "Improving", "relative_strength": -17.07774, "relative_strength_direction": "Improving", "price_momentum": 0.033161, "excess_performance": -0.196668, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.019021, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.021598, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.089316, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.012223, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.170777, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.273844, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.033161, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.478356, "read": "Demand-led" } ], "volume": { "latest": 76, "relative_activity": 0.000312, "balance": 2.478356, "dry_up": 1.779916, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.011646, "annualized_volatility": 0.070279, "from_high_reference": -0.021455, "from_low_reference": 0.123223 }, "levels": { "trend_reference": 58855.5, "fair_value_reference": 55057.464018, "structural_low": 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"typical_volume": 309321.1, "trend": 58625.666667, "fair_value": 54992.810872, "relative_strength": -22.727837, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.085713, "energy": 83.049715, "activity_lines": [ 60535.0, 60251.454545, 59769.047619, 59277.55914 ] }, { "date": "2026-07-31", "close": 60315.0, "volume": 56068, "typical_volume": 243318.45, "trend": 58746.333333, "fair_value": 55025.229793, "relative_strength": -21.790971, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.51473, "energy": 66.091965, "activity_lines": [ 60547.333333, 60294.909091, 59867.809524, 59386.548387 ] }, { "date": "2026-08-07", "close": 59975.0, "volume": 76, "typical_volume": 243317.35, "trend": 58855.5, "fair_value": 55057.464018, "relative_strength": -17.07774, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.274407, "energy": 50.649967, "activity_lines": [ 60397.333333, 60266.454545, 59922.904762, 59465.817204 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }